Food Prices Keep Climbing, Rattling Consumers and Trump
The New York Times • • nation
Key Points:
- Grocery prices continue to rise nearly a year into President Trump’s second term, contradicting his claims that food costs are decreasing.
- Key food items such as beef, coffee, lettuce, and frozen fish have seen significant price increases, with beef up 16.4% and coffee up 19.8% over the past year.
- Factors driving food price increases include higher costs for fertilizer, machinery, labor, fuel, adverse weather, and policy decisions like tariffs and immigration restrictions.
- The Bureau of Labor Statistics reported a 2.4% rise in overall food-at-home costs over the past year, with a 0.7% increase in December alone, marking the fastest monthly rise since October 2022.
